Professional Office
18335 East 103rd Avenue Commerce City, CO 80022
18335 East 103rd Avenue, Commerce City, CO, 80022
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For Sale
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For-sale professional office condominium in the Reunion area, sized for a dedicated office setup.
Property Size2,624 SF
Price / SF$323.55
Days on Market49
Property Features for 18335 East 103rd Avenue
General Information
- Standard status
- Active
- Size
- 2,624 SF
- Property subtype
- Office
Building Details
- Year Built
- 2010
Listing agency
LIV Sotheby's International Realty
(303) 235-0400
Listed by
Amanda Duran · License #CO FA40043784
Source
Crexi
Added: Jun 4 Updated: Jul 22 at 1:06PM Checked: Jul 22 at 1:06PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LIV Sotheby's International Realty
Investment Insights
Based on property information with market context.
This for-sale professional office condominium offers a dedicated office configuration within a condominium setting. The property includes 2,624 square feet of office space and is presented at a list price of $849,000.
Located at 18335 East 103rd Avenue in Commerce City, Colorado, the office condo is described in public remarks as being in the Reunion area. The condominium format can appeal to buyers seeking a contained, ownership-style office space rather than a traditional single-tenant lease arrangement.
Located at 18335 East 103rd Avenue in Commerce City, Colorado, the office condo is described in public remarks as being in the Reunion area. The condominium format can appeal to buyers seeking a contained, ownership-style office space rather than a traditional single-tenant lease arrangement.
Key Highlights
- Professional office condominium
- Year built: 2010
- Condo is in the Reunion area and sized for a dedicated office setup
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $78.7k | $30.00 |
| − Vacancy | −$15.4k | −$5.88 |
| EGI | $63.3k | $24.12 |
| − OpEx | −$15.8k | −$6.03 |
| NOI | $47.5k | $18.09 |
2,624 SF · lease $30.00/SF/yr · vacancy 19.60% · expense 25.00%
Alternative Uses
Best Use
Office B
$678.1K
$593.4K – $791.1K
NOI $47,468 @ 7.0% cap · market cap 5.59%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$38.61M
$33.78M – $45.04M
NOI $2,702,493 @ 7.0% cap · market cap 318.31%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - For-sale professional office condominium in the Reunion area, sized for a dedicated office setup.
Where is this office units located?
The property is located at 18335 East 103rd Avenue Commerce City, CO.
What is the asking price?
The asking price for this property is $849,000.
What are key features of this property?
This property features: Professional office condominium; Year built: 2010; Condo is in the Reunion area and sized for a dedicated office setup
